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Firm volatilities co-move strongly over time, and their common factor is the dispersion of the economy-wide firm size distribution. In the cross section, smaller firms and firms with a more concentrated customer base display higher volatility. Network effects are essential to explaining the...
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This study addresses the relationship between product innovation and the demand and supply of trade credit. Theoretical … as well as empirical studies are used to derive the hypothesis of a positive link between product innovation and trade …. Basically the estimation results confirm that introducing a product innovation is positively related with demand and provision …
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This paper derives a three stage Cournot-oligopoly game for product innovation, expenditure on introducing the product … and competition on the product market. Product innovation is assumed to increase consumer utility but is effective only if … decide whether or not to conduct product innovation and then determine their expenditure for bringing the new product to the …
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thanks to their ability in undertaking technological innovation, few empirical studies have explicitly addressed this issue …. This article examines the innovation-employment nexus for start-ups using the Kauffman Firm Survey (KFS), a unique … regressions indicate an overall positive but heterogeneous effect of innovation activities on the conditional employment growth …
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